Nextera Stock Based Compensation To Revenue from 2010 to 2024
| NEE-PN Preferred Stock | USD 24.37 0.08 0.33% |
Check Nextera Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nextera Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nextera financial statements analysis is a perfect complement when working with Nextera Energy Valuation or Volatility modules.
Nextera |
About Nextera Energy Financial Statements
Nextera Energy investors utilize fundamental indicators, such as Stock Based Compensation To Revenue, to predict how Nextera Preferred Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Pair Trading with Nextera Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nextera Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nextera Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Nextera Preferred Stock
| 0.66 | IDA | IDACORP | PairCorr |
| 0.55 | EDN | Empresa Distribuidora | PairCorr |
| 0.55 | ETR | Entergy | PairCorr |
| 0.5 | AEE | Ameren Corp | PairCorr |
| 0.49 | EVRG | Evergy, | PairCorr |
The ability to find closely correlated positions to Nextera Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nextera Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nextera Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nextera Energy to buy it.
The correlation of Nextera Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nextera Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nextera Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nextera Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Nextera Preferred Stock
Nextera Energy financial ratios help investors to determine whether Nextera Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nextera with respect to the benefits of owning Nextera Energy security.